Problems of revenue generation In government owned companies

This research project was embarks upon to study the problems of revenue government in government owned companies case study of power holding company of Nigeria (PHCN) Enugu district the meaning of revenue was briefly reviewed. The sources of revenue generation and problems of revenue generation in some of the government owned companies via, NITEL, NIPOST, Nigeria stock exchange and other were light lighted. The research was able to study other sauces of government revenue like taxes, tougares etc. The district groups of people were chosen, customers and staff of PHCN. A sample size of 398, customers and 216, staff were used for the study separate questionnaires were designed for the separate samples and distributed among them, interviews were conducted at the office were customers queued up to their bills as a first land source of information Four research questions were given which compiles the in efficiently in meter reading the extent of delay in billing and delay in dispatch of bills, Also tested was the extent of vandalization of PHCN facilities as it affects the PHCN organization and the customers in general. Many information got from the customers of PHCN Enugu district is that they do receive crazy bills and the bills are not received at the appreciate time. Also that at time they do staff in blackout for up to one week without light, information gotten from the staff of PHCN Enugu district is that their greatest enemies are vandals because as a result of that PHCN spent a loge amount of revenue in reforming these vandalized facilities. Based, on these the research made some recommendations on how PHCE can curb these in efficiencies in them and low they can proceed their facilities against vandalization .